For Sale
$5,616,000

14375-14385 Grand Settlement BlvdBaton Rouge, LA 70818

High-Yield Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 13,921 square foot shopping center in Baton Rouge, Louisiana, presents a compelling investment opportunity. Located at 14375-14385 Grand Settlement Blvd, zip code 70818, this property boasts a strong 6.75% capitalization rate and a substantial net operating income (NOI) of $379,076. The center is comprised of two buildings, both constructed in 2022 and currently enjoying 100% occupancy. A diverse and desirable tenant mix includes well-established national brands such as CC's Coffee, Jersey Mike's Subs, Sport Clips, Five Guys Burgers and Fries, Verizon, and Tropical Smoothie, along with Avant Tous Spa. The property is zoned for commercial retail use, ensuring flexibility and future potential. This prime location in East Baton Rouge Parish offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a stable, high-performing retail asset. The asking price is $5,616,000. All financial information is based on current operating data. Detailed financial statements are available upon request. This is a rare opportunity to acquire a fully occupied, newly constructed shopping center with a proven track record of success.

Highlights

  • $5,616,000 Asking Price
  • 13,921 Square Feet, 100% Occupied
  • 6.75% Cap Rate, $379,076 NOI
  • Located at 14375-14385 Grand Settlement Blvd, Baton Rouge, LA 70818
  • Tenants include CC's Coffee, Jersey Mike's, Sport Clips, Avant Tous Spa, Five Guys, Verizon, and Tropical Smoothie.

Property Details for 14375-14385 Grand Settlement Blvd

Property type
Lifestyle centers, Power centers
Square Feet
13,921 SF

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.5416449
Longitude
-91.0291346
14375-14385 Grand Settlement Blvd, Baton Rouge, Louisiana

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14375-14385 Grand Settlement Blvd
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